Institutional Change and the Development of Industrial Clusters in China: Case Studies from the Textile and Clothing Industry

摘要

In Institutional Change and the Development of Industrial Clusters in China, Jinmin Wang focuses on the institutional dimension of SME cluster development in East China, and examines how institutional change affects the formation and development of textile and clothing clusters in Zhejiang Province through three case studies - the Ningbo clothing cluster, Shaoxing textile cluster, and Yiwu socks cluster. The author distinguishes between informal, formal and international institutions, and argues that "the evolution of political and economic institutions determine the economic performance of transitional economies eventually because they create an incentive structure of the whole society. The evolution of the institutional matrix has had great impact on the formation and growth of industrial clusters in the course of regional development in rural China in transition" (p. 6). To analyse industrial cluster development in China through an institutional dimension is indeed a fresh angle and is one of the key contributions of this book.